American-Taiwanese luggage maker PLG Prime Global Co. Ltd. expressed its intention to establish a manufacturing facility in the Philippines under the country’s updated investment incentives regime.
The company is set to return to the Philippines after previously operating in the country from 2018 to 2022 before relocating its luggage manufacturing operations to China.
PLG Prime officials, in a meeting with the Philippine Economic Zone Authority (PEZA) on April 16, 2025, presented their plans to set up operations inside the Hermosa Ecozone Industrial Park in Bataan province.
PEZA director-general Tereso Panga said the company already reserved a lot in the zone and is preparing to file its application within 15 days.
“PLG Prime is a comebacking Taiwanese locator, and this time they’re putting in bigger investments. They want to revive their operations in the country to be able to export to the US amid the reciprocal tariff landscape,” said Panga.
PLG Prime is one of the leading global manufacturers of luggage, with existing facilities in Taiwan, China and the United States.
The company’s return is aligned with the government’s efforts to attract high-value manufacturing investments and restore industries previously lost to regional competitors.
“Apparel, footwear, and luggage manufacturing were industries we lost to China, Vietnam, and Cambodia. With reciprocal tariffs now in place, we hope to revive these industries in the Philippines,” Panga said.
“When you’ve got American, Chinese, Taiwanese, and even Vietnamese manufacturers knocking on your door, you know something’s shifting―and it’s shifting in our direction. The Philippines is back in the conversation,” he said.
PLG Prime’s proposed investment comes on the heels of the CREATE MORE Act, signed into law in November 2024, which aims to position the Philippines as a premier investment hub.
The law offers enhanced fiscal incentives, including a reduced corporate income tax rate from 25 percent to 20 percent; extended tax incentives of up to 27 years for strategic investments; and, 100 percent deduction on power expenses to help mitigate high energy costs.
